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787 delays to have far-reaching legal ramifications
18 March 2009
A report by Bird & Bird says delays to the 787 and 747-8 will lead to legal disputes and compensation claims, with the knock-on impact being felt by an expanding circle of parties.
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The production delays to the 787 and 747-8 will give rise to far-reaching legal ramifications, according to a report published by Bird & Bird.
The delays will see airlines claiming compensation from Boeing for pre-delivery payments (PDPs) which will now have to be renegotiated and rescheduled.
“Customers are likely to apply pressure...
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